Steve Parkin, executive chairman of Clipper Logistics, has been granted an extension to his deadline to take the company private. Parkin, who founded the company in 1992 and owns nearly a third of its shares, is understood to be preparing a £300m bid with Florida-based Sun Capital Partners. He now has until 5pm on 15 January 2020 to announce a firm intention to make an offer for the retail logistics company or withdraw. “There’s a lot of assets and information […]
Clipper Logistics has wrapped up a deal with Shop Direct, the owner of Very.co.uk and Littlewoods.com, to provide returns management and pre-retail services.
Clipper Logistics has had its contract with fashion retailer New Look extended to July 2019.
A “strong” pipeline of new business in its logistics division helped Clipper Group offset a serious decline in turnover at its CV dealerships in the year to the end of April 2013, the firm’s annual accounts reveal.